Expecting Revenue from Selling Shares in Japan's Stock Market
The Japanese stock market experienced a significant boost on Thursday, with the Nikkei 225 jumping 655.02 points or 1.59 percent to finish at 41,826.34. The index is currently above the 41,825-point plateau. The gains were driven by financial shares, technology stocks, and automobile producers.
Mitsubishi Electric, Sony Group, and Hitachi saw notable increases, with gains of 1.92 percent, 2.57 percent, and 3.89 percent respectively. On the other hand, Toyota Motor, Honda Motor, and Softbank Group experienced minor fluctuations, while Nissan Motor and Mazda Motor recorded positive growth.
In the financial sector, Mitsubishi UFJ Financial, Mizuho Financial, and Sumitomo Mitsui Financial reported significant surges. However, the U.S. Secretary of the Treasury, Scott Bessent, reported that trade talks are "going better than they had been" and progress is being made.
Despite the positive market trends, trade deal negotiations between the U.S. and its partners—Canada, India, South Korea, and the EU—are ongoing but have not yet reached finalized agreements. Tariff tensions are particularly significant in the U.S-Canada relationship, with tariffs on certain Canadian goods potentially increasing up to 35% as deadlines approach.
In Japan, the leading index is expected to rise 1.1 percent on month after slumping 3.4 percent in April. Producer prices in Japan are tipped to rise 3.2 percent on year in July, easing from 3.7 percent in May. Japan will also release July figures for Tokyo inflation later this morning.
Meanwhile, in the U.S., new home sales rebounded less than expected in June, according to the Commerce Department. U.S. initial jobless claims unexpectedly fell last week, as reported by the Labor Department.
The global forecast for Asian markets is cautiously optimistic on the improving outlook for trade deals. Crude oil rose on Thursday, with West Texas Intermediate crude for September up $0.87 or 1.33 percent to $66.12 per barrel.
As the trade negotiations continue, the situation remains dynamic and dependent on the outcomes of these ongoing bilateral talks. Stay tuned for more updates on this developing story.
[1] Source: Reuters, July 2025 [2] Source: CNBC, July 2025 [3] Source: White House press release, April 2025 [4] Source: Canadian Broadcasting Corporation, July 2025 [5] Source: The Globe and Mail, July 2025
- The gains in the Japanese stock market on Thursday were largely attributed tobusiness sectors such as finance, technology, and automobile producers, with companies like Mitsubishi Electric, Sony Group, and Hitachi seeing notable increases.
- Beyond Japan, the global forecast for Asian markets is cautiously optimistic, particularly in the technology sector, as crude oil prices continue to rise, which could impact business decisions and profitability.
